In this week’s episode of The Crushing Debt Podcast, I again visit the Freddie Mac (Federal Home Loan Mortgage Corporation - FHLMC) Exclusionary List. For those who don’t know what it is: if a real estate professional (Realtor, Mortgage Originator, Title Company, Inspector, Appraiser, Attorney, etc.) finds themselves on the List, they cannot participate in a real estate transaction involving Freddie Mac.
One frustration with helping people come off the List is that Freddie Mac does not provide any input on what it takes to come off the List, except a paragraph or two on a policy worksheet that they send with the original letter putting someone on the List, and any denials of requests to come off the List.
Since Freddie relies on their policies, I thought I’d take a more thorough look at them in this week’s episode.
If you want more content about the Freddie Mac Exclusionary List, please listen to:
- Episode 134 - an explanation of the List I provided at a seminar called Become A Better Agent (or BABA).
- Episode 132 - Coming off the Freddie Mac Exclusionary List
- Episode 83 - An update of various approved and denied requests to come off the List
- Episode 32 - an introduction to the List.
If you are on the List, or know someone on the List, we have helped people come off the List. Please share any of these episodes, and have the person on the List contact us for a free consultation.
Shawn@YesnerLaw.com or www.YesnerLaw.com